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Austria, Tajikistan Ink DTA

by Ulrika Lomas,, Brussels

16 June 2011

In the presence of Austria’s Federal President Heinz Fischer and Tajikistan’s President Emomali Rachmon, Austria’s Financial State Secretary Andreas Schieder signed a bilateral double taxation agreement (DTA) between Austria and the Republic of Tajikistan.

Commenting on the signing of the agreement, Schieder emphasized that the treaty would serve not only to provide legal certainty but also to improve the framework conditions for companies operating in the central Asian state.

Underlining the fact that the agreement laid the foundations for deeper, more intensive economic cooperation between the two countries, Schieder noted that between 2009 and 2010, Austrian exports to Tajikistan increased by 20%.

Concluding his remarks, Schieder explained that this is Austria’s first double taxation agreement with Tajikistan. Up until now, an agreement with the former Soviet Union applied, Schieder added. Schieder underscored the fact that the bilateral DTA conforms fully to current Organization for Economic Cooperation and Development standards.

TAGS: tax | double tax agreement (DTA) | Organisation for Economic Co-operation and Development (OECD) | agreements | Austria | standards | Tajikistan

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